Press release
The Laboratory Informatics Market was valued at USD 2,650 million in 2019 and is expected to grow with a CAGR of 7.6% during the forecast period, 2021-2029.
Laboratory Informatics Market
Rapid technological advancement has made laboratory equipment less static and more interactive, enabling vast networks of interconnected laboratory instruments, computers, and telecommunication equipment to record, analyze, and distribute data. It also enables researchers to spend less time gathering data and waiting for information to arrive from one place to another. Laboratory informatics allows laboratories to remain competitive by providing reliable, robust, and scalable data management systems.
Shifting preference towards personalized medicine, rising research in cancer genomics, and growing requirements for patient involvement drive the market growth. Rising incidences of diagnostic errors are subsequently driving the demand for laboratory informatics. The World Health Organization (WHO)estimates that around 5% of patients in developing countries face diagnostic errors every year.
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The Major Manufacturers Covered in this Report:
Key Players, LabWare, Core Informatics, Thermo Fisher Scientific, Inc., PerkinElmer Inc., LabVantage Solutions, Inc., Abbott Laboratories, LabLynx, Inc., Agilent Technologies, Waters Corporation, Cerner Corporation, IDBS, McKesson Corporation and more...
Years that have been considered for the study of this report are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2029
Market Segmentation:
By Product
Laboratory information management systems (LIMS)
Electronic lab notebooks (ELN)
Scientific data management systems (SDMS)
Laboratory execution systems (LES)
Electronic data capture (EDC) and clinical data management systems (CDMS)
Chromatography data systems (CDS)
Enterprise content management (ECM)
By Delivery Mode
On-premise
Web-hosted
Cloud-based
By Component
Software
Services
By End-Use
Life sciences industry
Food and beverage
Agriculture industry
Petrochemical refineries
Oil and gas industry
Chemical industry
Environmental testing laboratories
Regional Segmentation:
North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Additionally, the analysis also delivers a comprehensive review of the crucial players on the Laboratory Informatics Market along with their company profiles, SWOT analysis, latest advancement and business plans.
The analysis objectives of the report are:
To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Laboratory Informatics Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Laboratory Informatics Market sub-markets, depending on key regions (various vital states).
To analyze the Global Laboratory Informatics Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Laboratory Informatics Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions.
Primary worldwide Global Laboratory Informatics Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
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